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EconomyPIB23 May 2026
Media Interaction Highlights PMFME Scheme Achievements in Micro Food Processing and Women Entrepreneurship
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๐ Summary:
- The Ministry of Food Processing Industries held a media interaction on the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme
- PMFME was launched in 2020 under the Aatmanirbhar Bharat Abhiyan to support the unorganised micro food processing sector, which has nearly 25 lakh unregistered enterprises
- The Centrally Sponsored Scheme has an outlay of Rs. 10,000 crore and has been extended till September 2026
- It operationalises the One District One Product (ODOP) approach; 137 unique products have been identified across 726 districts in 35 States and UTs
- Key components include a 35% credit-linked subsidy (up to Rs. 10 lakh for individuals; up to Rs. 3 crore for FPO/SHG common infrastructure), Rs. 40,000 seed capital per SHG member, capacity building, incubation centres and branding/marketing support
- 1,96,270 individual micro food processing enterprises have been supported (over 40% women entrepreneurs); seed capital was approved for over 4 lakh SHG members and 80 incubation centres approved
๐ฏ UPSC Relevance: GS3 Economy โ food processing, value addition, micro-enterprises, women entrepreneurship and reduction of farm wastage.
๐ Prelims Facts:
- PMFME was launched in 2020 with an outlay of Rs. 10,000 crore, extended till September 2026
- The scheme operationalises the One District One Product (ODOP) approach
- Over 40% of supported beneficiaries are women entrepreneurs
๐ Key Term: PMFME Scheme โ a Centrally Sponsored Scheme providing credit-linked subsidy, training and market support to formalise and upgrade micro food processing enterprises.
PMFMEFood ProcessingODOPMicro EnterprisesAatmanirbhar Bharat
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